Fiscal extremists will hurt the economy

On the battleground of education and disability reform, the push for a budget surplus at all costs risks undercutting Australia's future prosperity.

We are in danger of confusing the parlous state of the federal budget with the state of the economy more generally – if both are assumed to be falling apart, the nation as a whole will make the wrong investment decisions.

In the public sector, the big risk is that two reforms that are already long overdue will be shelved indefinitely – the DisabilityCare package and the Gonski school funding boost.

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